At McElroy & Associates, We Understand That Bad Things Can Happen To Good People
Get A Fresh Start Through Bankruptcy
Dealing with unpaid bills is stressful enough without your phone ringing every hour. If you're behind on payments, you may already know what creditor harassment feels like: constant calls, threatening letters, and collectors who won't take no for an answer. The good...
Facing foreclosure can put the future in uncertain terms. It can be very stressful to find out that you are going to lose your home, and you may be interested in what options you have to stop the foreclosure case. One option that people often consider is filing for...
Filing for bankruptcy requires complete and accurate financial disclosure. You must provide information about your income, property, debts, accounts and recent transactions so the court and trustee can properly evaluate your case. Not every filing mistake amounts to...
Filing for bankruptcy often feels like a permanent financial setback, yet the legal process actually establishes a structural foundation for long-term recovery. Many individuals worry that seeking court protection under Chapter 7 or Chapter 13 permanently destroys...
Bankruptcy may feel like a process built around loss, but Tennessee law often allows residents who file for protection to keep more property than they expect, up to a specific limit set by state law. State exemption laws preserve certain assets, shielding filers from...
People sometimes refer to Chapter 13 bankruptcy as a wage earner’s plan. That nickname comes from the mandatory repayment plan. A filer must meet with the court-appointed bankruptcy trustee and representatives from their creditors to work out an arrangement for paying...
Medical emergencies often happen without warning, and the bills that follow can quickly become overwhelming. Even people with health insurance may find themselves struggling with expenses they never even expected. When medical debt starts to pile up, it can affect...
Sometimes, a car may mean much more than getting from one place to another. It might help you earn a living, take your children to school or attend medical appointments. When your daily routine depends on that vehicle, Chapter 7 bankruptcy could make the risk of...
Life events, such as unexpected illness or injury, can have significant effects on a person’s life. One of the areas that it can affect is finances. Medical debt can grow quickly, even if the person has insurance. Hospital stays, emergency room visits, specialist care...
Facing a potential vehicle repossession creates intense pressure when you rely on your car to get to work every day. You must realize that lenders in Tennessee and Arkansas do not have to give you advance warning before they seize your vehicle. A repossession...